Sonne Finance

Sonne Finance review

Lending

Sonne Finance is a decentralized and user-friendly lending protocol, originally launched on the Optimism network and later expanded to Base. It enables permissionless, non-custodial lending, where users can deposit assets as collateral and borrow against them. Inspired by established DeFi platforms, Sonne incorporates a reserve mechanism that channels part of the interest paid by borrowers into the protocol, reinforcing its liquidity. Sonne also raised liquidity through a unique Liquidity Generation Event (LGE), accumulating over 100,000 USDC and 2.5 million SONNE tokens, strengthening its financial base and expanding liquidity on Velodrome. This well-rounded approach aims to create an accessible, efficient lending experience in the DeFi landscape.

$618 776

N/A

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Sonne Finance offers

WETH

0.14%

Status

Available

Flexible

$575 590

Base

WETH

AERO

2.26%

Status

Available

Flexible

$35 852

Base

Coin

Action

WETH

0.14%

Flexible

$575 590

Base

WETH

AERO

2.26%

Flexible

$35 852

Base

Crypto earn alerts on Sonne Finance

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For Sonne Finance, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on Sonne Finance.

Earning crypto on Sonne Finance

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from Sonne Finance. Check the table above for all the details.

Current TVL of the Sonne Finance protocol

The Sonne Finance protocol's Total Value Locked (TVL) is currently $618 776. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like Sonne Finance is holding.

Sonne Finance protocol type

Sonne Finance is a decentralized finance lending platform that allows users to earn interest by lending assets or expand their holdings through borrowing. Built with smart contracts, Sonne Finance provides a secure and transparent environment for transactions, offering flexibility and control without traditional intermediaries.

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